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US telecommunications equipment maker CommScope will acquire Arris, in a $7.4B deal valued at $5.69 billion, with the difference comprised of CommScope’s assumption of Arris’s debt. As part of the deal, the Carlyle Group will make a $1M equity investment in CommScope for an approximate 16% stake in the new company.
CommScope’s CEO Eddie Edwards has claimed the two companies’ product lines are complementary, and that the combined company will “enable end-to-end wired and wireless communications infrastructure solutions that neither company could otherwise achieve on its own.”
The deal is expected to close in the first half of 2019.

The wearable technology and app market is dramatically changing. This service contains data and analysis on the market with insights from analysts throughout IHS Markit. The following data presents the share of the overall top 100 ranked free, grossing, and paid apps that featured Apple Watch extension in May 2017, with previous 2016 and 2015 year comparisons.

Samsung grew revenue and profit in Q3 2015 on the back of improving mid and low end smartphone shipments. M Business unit which includes smartphone business posted 26.61 trillion Korean won (KRW) revenue in Q3'15. This is up 8% YoY and 2% QoQ. Operating profit was 2.4 trillion KRW, which reflects 9% of margin rate.

IHS analysis of the top performing US iPhone apps shows that Health & Fitness services have been quickest to market with Apple Watch apps. Overall an average of one in five of the top performing free, paid, and grossing iPhone apps are Apple Watch compatible.